5 things to know before the market opens on Thursday

Happy Thursday. As the spotlight continues on the potential of artificial intelligence to shake up various industries, I decided to mentally count how many times I’ve said or written some variation of the term “AI disruption.”

S&P 500 futures were little changed this morning. The three major indexes are about to have another winning day.

Here are five important things investors need to know to start their trading day.

Nvidia Yesterday, the company beat Wall Street’s fourth-quarter expectations, reporting a 75% increase in revenue from its core data center business, which contributed to a 73% increase in the company’s overall sales. The chipmaker also issued a better-than-expected outlook for the first quarter, but Nvidia shares remained modestly up in after-hours trading.

Here’s what you need to know:

The company said its data center business currently accounts for more than 91% of its total sales. The division’s quarterly revenue beat analysts’ expectations After the report, CEO Jensen Huang told CNBC’s Becky Quick that the market had miscalculated the threat of AI to software companies. Huang also said the ongoing conflict between the Pentagon and AI startup Anthropic is “not the end of the world.” Nvidia’s stock has outperformed its mega-cap technology peers this year, rising more than 1% in premarket trading. Despite the fairly subdued movement in stock prices, NVIDIA’s report still triggered a rally in Asian markets, pushing Japan’s Nikkei stock average above 59,000 yen for the first time. sales force Shares fell nearly 4% after the software company’s full-year earnings outlook failed to impress Wall Street. Follow us here for live market updates.

Executives from major technology companies are expected to meet with President Donald Trump at the White House next week to sign a pledge to supply their own power to AI data centers. As CNBC’s Spencer Kimball reports, Amazon, Metaand OpenAI are among the companies planning to sign this agreement.

meanwhile, Netflix CEO Ted Sarandos will reportedly visit the White House today for a meeting regarding the streaming giant’s acquisition deal. warner bros discovery. News of Sarandos’ trip comes just days after President Trump made the request to Susan Rice, a member of the Netflix Fire Commission and former Obama administration official.

Former Treasury Secretary Larry Summers announced yesterday that he will resign from his teaching position at Harvard University by the end of this year. The resignation comes as Harvard University conducts an investigation into emails and documents linking Summers to Jeffrey Epstein.

His was not the only resignation announced yesterday in connection with a deceased sex offender. Nobel laureate Dr. Richard Axel is stepping down as co-director of the Columbia University Research Institute, he said in a statement. “My past relationship with Jeffrey Epstein was a serious error in judgment, and I deeply regret it,” Axel said in a statement.

Bill Gates also spoke about his relationship with Epstein at a Gates Foundation town hall this week, according to a spokesperson for the nonprofit group. of microsoft The co-founder reportedly told staff he “didn’t do anything illegal” during his interactions with Epstein and admitted to having had affairs with two Russian women.

None of the three have been charged with any wrongdoing related to Epstein.

Samsung announced a new set of flagship smartphones yesterday, some of which are noticeably more expensive than before.

Prices for the top-end models remained the same, but Samsung’s S26 and S26+ models cost $100 more than their predecessors. As CNBC’s Kai Nicole Schwartz reports, the increase comes as the industry grapples with a global memory chip shortage.

The S26 is the first phone that allows Google’s Gemini to autonomously control third-party apps, like ordering an Uber ride, and offers a glimpse of what’s to come. apple Following the partnership with alphabet With Siri.

President Trump said in his State of the Union address that the prices of some proteins are falling. But as CNBC’s Greg Iakursi reports, the data tells a more complicated story.

Prices for boneless chicken breast and ground beef have increased since Trump returned to office last January, according to government data. Meanwhile, egg prices have fallen sharply since early 2025.

Economists argue that price changes are due more to industry trends than federal policy. For example, the drop in egg prices was mainly due to the mitigation of the impact of the avian influenza outbreak.

CNBC’s Andrew Ross Sorkin reported yesterday that Appaloosa Management founder David Tepper sent a scathing letter. swirl In it, he claimed that the consumer electronics maker’s management had “destroyed” shareholder value.

— CNBC’s Becky Quick, Ari Levy, Katie Tarasov, Anniek Bao, Dylan Butts, Lee Ying Shan, Jordan Novet, Spencer Kimball, Kevin Breuninger, Dan Mangan, Jim Forkin, Kai Nicol-Schwarz, MacKenzie Sigalos, Greg Iacurci, Andrew Ross Sorkin and Yun Li contributed to this report. Josephine Rozzelle edited this version.